Bitcoin hit $109K... again?! 🚀

Privacy coins are popping, Pi flopped, and BTC just made history — again.

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🚀 Bitcoin smashes through $109K — but will it hold?

💸 Pi’s $100M fund: bold move or just smoke?

🕵️‍♂️ Monero’s silent rally — privacy coins back in fashion?

Source : Unsplash

Bitcoin, the biggest crypto player, just made history again by hitting a new all-time high of $109,400.68 on May 21.

🚨 Breaking News:
Bitcoin jumped 4.52% in 24 hours, smashing its previous record and riding the May bull wave to $109,400.68.

⚡ Wire Simplified –

  • Bitcoin broke its January ATH ($109,114) and set a new one.

  • Strong technical patterns, especially breaking the 21 EMA, helped fuel this move.

  • BTC is up 24% in just 30 days.

  • Current support is strong at $102,790.

  • It has soared 55.73% year-over-year.

✔️ Straight to the Point:
Bitcoin is flexing hard this May, setting new records. But with great highs come great corrections—stay sharp, not just hyped.

🎤 Did you buy more BTC before the breakout?

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Source : Fortune

Pi Network just launched a $100M venture fund to bring its crypto into real-life use—but investors weren’t impressed.

🚨 Breaking News:
Pi’s token dropped right after the $100M venture fund was announced, in a classic “buy the rumor, sell the news” move.

⚡ Wire Simplified –

  • Pi Network Ventures will fund fintech, AI, ecom, and more.

  • The goal is real-world adoption beyond crypto nerds.

  • Token price fell after the news—traders were not thrilled.

  • Some see this as a long-term strategy, not hype.

  • Devs may love it, but traders? Not so much.

✔️ Straight to the Point:
Pi is playing the long game with a $100M fund. Good for builders, meh for traders. Let’s see who wins.

🎤 Would you build on Pi Network if you had a startup?

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Source : Vecteezy

Monero (XMR), the biggest privacy coin, is surging—just as people start caring about privacy again (surprise, surprise).

🚨 Breaking News:
Monero jumped to $367.67 this week, thanks to rising demand after U.S. sanctions lifted on privacy tool Tornado Cash.

⚡ Wire Simplified –

  • XMR is up 265% from its 2024 lows.

  • It’s outpacing BTC and most altcoins right now.

  • Legal wins for privacy tools boosted investor confidence.

  • Rumors swirl that big exchanges might relist it.

  • Pro-crypto names in Trump’s camp add fuel.

✔️ Straight to the Point:
Privacy is cool again. Monero is rising fast—and if it gets relisted on Binance or Coinbase, that rally could explode.

What do you think about today’s edition?

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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